Media

Bank of India Signs MOU with Brickwork Ratings, a SEBI approved Credit Rating Agency, for the MSME sector.

Puravankara Projects Ltd will raise Rs. 150 crore by selling non-convertible bonds to build a housing project in Bangalore and repay debt. Puravankara expects to pay 17% interest rate to investors, it said.

  • The Economic Times
  • Business Standard
  • Indiainfoline
  • NDTVProfit
  • Contifybanking.com
  • Hindustan Times
  • Hindu Business Line
  • Moneycontrol
  • NewKerala
  • Newsflashtoday

Allahabad Bank MoUs for strategic partnership

With Brickwork Ratings: Allahabad Bank has entered into a tieup arrangement with Brickwork Ratings (BWR) on July 25 at the bank's head office in Kolkata. The MoU is for promotion of creditratings of the bank's MSE borrowers and potential customers. It was signed by BK Srivastav, GM, Priority Sector Credit on behalf of Allahabad Bank and D Ravishankar, founder director for M/s Brickwork Ratings.

Microfinance, India's sub-prime crisis

Imagine that your maid borrowed Rs 30,000 from you, promising to repay within a year from her monthly wage of Rs 4,000. Do you think you could cut Rs 2,500 from her monthly wages, every month? First of all...

Shaking hands with a strong India

The capital market has just celebrated its largest IPO in Coal India. IT exports are still booming. Real estate remains upbeat. No wonder India is a darling of foreign investors.

The US President, Mr Barack Obama, is visiting a strong India this time round, unlike in the past. India has been growing at 9 per cent and emerged out of recession unscathed. Compared to their western counterparts...

Government, a lucrative business

A government the size of Karnataka should yield Rs 3,000 crore a year, through kickbacks. The cost of purchasing legislators being about the same, the payback is swift and fabulous. No wonder, politicians are lethal businessmen.

The recent events in Karnataka showed how easy it is to take over or destabilise a government. MLAs are available for sale for Rs 25 crore each.

Don't ignore small IT players

A large company in Bangalore had advertised for 300 positions. More than 15,000 engineers turned up at the walk-in venue, before the stipulated time. A stampede was reported recently in the engineering college where the candidates were interviewed. In a country which shows about 9 per cent growth, we see over 14,700 candidates not getting jobs. What is the ground reality?...

INTERVIEW VIVEK KULKARNI, MD, BRICKWORK RATING AGENCYRating agencies should not structure deals, only rate them

The recent credit market turmoil has raised questions on the role of rating agencies in precipitating the crisis. In this background, Vivek Kulkarni, MD of Brickwork Rating Agency, the fifth rating agency to start operation in India...

Who is better than the best outthere?

WHEN is an AAA rating not the best? When it is issued by Brickwork ratings - one of the youngest agencies to be licensed by capital markets regulator Securities and Exchange Board of lndia (SEBI).

Brickwork's fifth rating agency

MUMBAI: Brickwork Ratings has been licensed as a credit rating agency since February 2008, with market regulator Sebi making it the fifth agency in the ratings business after Crisil, Icra, Care and Fitch.

Brickwork Ratings held one-day conference on Derivatives Demystified at IISc, Bangalore

The recent credit market turmoil has raised questions on the role of rating agencies in precipitating the crisis. In this background, Vivek Kulkarni, MD of Brickwork Rating Agency, the fifth rating agency to start operation in India...

Brickwork joins list of ratersFirst south India-based agency plans to rate loans of public sector banks.

The country is to have its fifth credit rating agency, with the Securities and Exchange Board of India (Sebi) licensing Brickwork Ratings, led by Managing Director Vivek Kulkarni and founder Director N Balasubramanian.